Following concerns raised by National Assembly member Kim Nam-guk regarding significant cryptocurrency holdings, financial authorities have implemented strict regulations and limitations on potentially dubious accounts. In the past, overseas virtual asset transactions enjoyed relatively more freedom as long as taxes were duly paid. However, recent reports indicate that failure to provide comprehensive explanations for investments made in domestic exchanges, including information about the origin of funds and the investment procedure, may trigger investigations. Accounts unable to confirm ownership of the invested principal, its source, profit amount, and the sequence of associated transactions are frequently designated as suspicious and subject to freezing.

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